Turkey sends to prison six individuals after Thodex scam

Six individuals connected to the cryptocurrency exchange Thodex are now jailed by a court in Turkey in relation to what is being considered an exit scam.

Meanwhile, Turkish authorities, along with Interpol, have already widened their search for the CEO of the exchange, which left the nation before shutting down his platform, leaving users unable to access their funds.

It can be recalled that last week, Thodex closed its trading without prior notice after its CEO Faruk Fatih Ozer left the country for Albania. Following this, customers have filed complaints against the exchange because they cannot log in to their user accounts to withdraw their funds.

Red notice for the CEO

According to Istanbul’s Anadolu prosecutor’s office, the six jailed suspects include Ozer’s brother, sister, and senior company employees, and they are awaiting trial. In the aftermath of the alleged scam, 83 people were detained last week, but most of them have been released.

Meanwhile, a red notice for the Thodex chief executive has been issued by Interpol upon the request of the Turkish government. Units have been sent to four countries to search for Ozer, including in Albania.

Interior Minister Suleyman Soylu said in an interview, “When he is caught with the red notice, we have extradition agreements with a large part of these countries. God willing he will be caught and he will be returned.”

Top honcho denies the allegations

Ozer has categorically denied that he fled the country to escape after the incident with this company.

He said that he is in Albania to meet with some foreign investors and will come back to Turkey as soon as the meetings are done to clarify everything.

But days have passed since he had promised to cooperate, and the top boss still remains at large and now is the subject of a wider manhunt.

 

Image courtesy of Cointelegraph News/YouTube

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